Browsing: natural disasters

Recent report reveals massive flood risk exposure in Texas, with over 2.1 million properties at risk over the next 30 years

Suncorp Insurance and Leo Australia have collaborated to create Haven, a digital platform that provides personalized resilience reports for homes across Australia, helping homeowners prepare for natural disasters.

Executives from major homeowners insurers Allstate and State Farm testified before a U.S. Senate committee, defending their claims-handling procedures amid allegations of altering estimates for natural disaster damages.

Insured losses from February floods in North Queensland and ex-Tropical Cyclone Alfred in March have neared AUD1.5bn ($990m) according to new data from the Insurance Council of Australia (ICA).

Hawaiʻi lawmakers have passed a resolution encouraging insurance companies to sue fossil fuel producers to recover costs from natural disasters.

Fort Smith residents face recurring flood issues, prompting city action and insurance considerations

The property insurance market has stabilized after years of volatility, but natural disasters and inflation continue to pose significant challenges. Experts emphasize the need for proactive, data-driven risk management strategies.

Houston homeowners face increasing insurance costs due to frequent natural disasters

As natural disasters increasingly affect communities nationwide, lawmakers are scrutinizing the rapid rise in insurance costs and debating potential reforms to protect homeowners.

As natural disasters continue to affect communities nationwide, lawmakers are scrutinizing the rapidly increasing cost of insurance and considering potential reforms to protect homeowners.